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<h1>Section 32 Amendments Validate Past Actions for Settlement of Proceedings Under Securities Contracts Act, 1956</h1> Section 32 of the Securities Contracts (Regulation) Act, 1956, as amended by the Securities Laws (Amendment) Act, 2014, validates any actions taken under the principal Act concerning the settlement of administrative and civil proceedings. These actions are considered valid and effective as if the amendments to the principal Act had been in effect at all relevant times.